The Autumn Budget has naturally prompted conversation, especially around high value homes, but for the Cotswolds the message is more reassuring than reactionary. With many prime properties here achieving £500 to £800 per square foot and a large proportion of sales close to £2 million, clients want clarity on what this means for their plans.
At Harvey Holland, our view is confident. The proposed surcharge for homes above £2 million is not expected until 2028, which gives buyers and sellers several years of clear daylight to act sensibly and advantageously.
The market remains strong, but it is becoming more strategic. Buyers are motivated to secure the right home ahead of future policy changes, and well presented, well positioned properties continue to attract focused interest. At the same time, buyers are benefiting from more considered conditions, with greater choice, calmer negotiations and the chance to secure exceptional homes before any additional costs come into play.
Crucially, the Cotswolds remains exceptionally resilient. Our market is driven by lifestyle rather than speculation, supported by a high proportion of cash purchasers and a limited supply of truly special homes. Demand for character houses, village properties and country homes, particularly those around or below the £2 million threshold, continues to hold firm.
For sellers, this moment is genuinely positive. Acting now allows you to benefit from current values, motivated buyers and a defined period before any policy shift influences behaviour. It also strengthens your position when securing your next purchase.
For buyers, especially those buying with cash or strong financial arrangements, the next 12 to 24 months offer real opportunity. Increased choice, sensible pricing and a more measured pace allow for confident, well-timed decisions.
Our outlook is clear: the Cotswolds is entering a phase of healthy realism rather than downturn. Stability, demand and long-term appeal remain central to this market.